The battle between Amazon and Reliance may set an important legal precedent for investors on whether emergency decisions by foreign arbitrators are valid in India.
India has opposed international negotiations on e-commerce on grounds of how it impacts our domestic digital economy. But we might need to revisit this stance.
Future Retail contended before the court that while it claims so, Amazon is not concerned about the potential closure of shops and loss of livelihood of Future's employees if the deal falls through.
Federal Trade Commission says Amazon used customer tips to subsidise drivers' base pay. Jeff Bezos company will now have to get drivers' permission before changing policy on tips.
Jassy’s likelihood as successor seemed inevitable last year when Jeff Wilke, who was the consumer business chief & was also seen as a CEO candidate, announced he’d be leaving.
The court was hearing a plea by Amazon seeking direction to order enforcement of Singapore arbitrator’s ruling restraining Future Group from going ahead with its deal with Reliance.
Amazon’s plea also sought detention of the Biyanis, directors of Future Coupons and FRL, and other related parties in civil prison and attaching of their properties.
As India-Russia trade decreases, India's April-July exports to the US this year increased by 21% compared to last year & imports from the US grew by 12%.
New Delhi: India has handed over military equipment, medical supplies, trained dogs and horses to the Nepalese Army Monday, ahead of Prime Minister K.P....
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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